Principle Residence Exemption (PRE) Audit Services for Treasury

Active State & local contract Michigan Awarded

Contract number
MA240000001243
Awardee
Reason Consulting Corporation
Contracting organization
Department Technology, Management and Budget

Contract facts

Cumulative value
$12,331,957
End date

Contract details come from michigan.gov. Updated .

About this contract

Under this Indefinite Delivery Vehicle, the Michigan Department of Technology, Management and Budget procures comprehensive Principal Residence Exemption (PRE) audit services for the Michigan Treasury Department. The contract encompasses the design and execution of audit methodologies, conduct of PRE claims audits across Michigan's counties, maintenance and operation of the web-based ProServ system for PRE-related process management, and supporting ancillary services including denial management, appeals processing, bona fide billing project enhancements, interest waiver request handling, and qualified error request management. This vehicle is intended to ensure the integrity and compliance of PRE claims throughout the state while providing technological infrastructure and administrative support to facilitate PRE-related operations.

Reason Consulting Corporation, based in Charlotte, North Carolina, serves as the prime contractor under this IDV with the State of Michigan's Department of Technology, Management and Budget acting as the contracting organization. The contract period runs from October 1, 2024, through September 30, 2029, with five optional one-year renewal periods available. The contract is designated as MA240000001243 and covers statewide services across all Michigan counties. The estimated aggregate contract value is $12,399,388.00, reflecting the initial contract value of $12,119,037.00 plus four cumulative change notices totaling $280,351.00. Payment terms are NET 30 with P-Card and Direct Voucher payment options available.

Files

File Type Posted
240000001243.pdf PDF

Quick answers

Who holds contract MA240000001243?

Contract MA240000001243 was awarded to Reason Consulting Corporation by Department Technology, Management and Budget in Michigan on October 1, 2024.

How much is contract MA240000001243 worth?

Its cumulative value is $12,331,957.

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